Banks will always be against cryptocurrencies?

[shendy]

There are still many banks that have the opportunity to learn bitcoin, I don't think banks need to fight bitcoin, banks and bitcoin have the opportunity to attract customers in their own ways. Bitcoin will be a tool that can provide convenience in banking later. Banks need to improve their opinions about fighting banks.

[Bind]

Let them be.
We have no such relation with banks and without banks, bitcoins can permorm well so there is really no need to relate with the banks. Instead we can start our own bank in terms of bitcoins and cryptos which can be more profitable and easy running.
Banks are actually centralised and it forms a lot of difficulties to understand the decentralised bitcoins and to accept them.

[crossabdd]

I am more welcome if banks can join and adopt the blockchain system. and receive crypto currencies for their savings. so that fiat and crypto currencies can function together. In addition, bank customers can see the transparent data of bank transactions carried out. I think it will be better for the financial and economic future.

[jayveerastrullo]

Beside hiding their customers money on their piggy bank or somewhere, the greatest or toughest enemy of bank is the cryptocurrency. Many of us now chose investing and keeping our money on some exchange market and there will do our investment and grow our money. Bank don't like on what we are doing but they can't do anything but also accept bitcoin or crypto on their bank and make it their partner for them to grow also.

[CoinsGazer]

The cryptocurrency cuts off the government and the bank's business, which is one of the biggest reasons why the authorities are so opposed to cryptocurrency. It is very difficult to tax and profit from the cryptocurrency, which is the biggest obstacle to the legalization of virtual currency in various countries. However, cryptocurrency is a natural consequence of blockchain technology, banks can not always be against cryptocurrencies.

[Crafts12]

No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

Yeah. Not all the banks are against the cryptocurrency like bitcoin. Some of them are now embracing the bitcoin. As a matter of fact, they allowed the bitcoin converted by the physical money or the currency of a particular place. Some of the banks are against to it maybe because they see it as a threat because in bitcoin you can store it as long as you want.

[SAYDAKHMETOV]

If states already pass laws on crypto-currencies, in the near future banks will accept them. If the banks do not keep pace with the times, they can hardly develop quickly.

[coffigayo]

In my opinion it will not always be that the bank will fight cryptocurrency. Banks want to get the costs to maintain their business and benefit from client transactions. Now they get a good income from the process.

[johnwest]

Most probably. They will have to close their institutes if a decentralized currency gets into power. They know that and thats why they will always be against cryptocurrencies.

[anafiene]

Indeed there is no limit in storing bitcoin and this is enough to provide benefits for holders, while for banks, they will continue to cut funds for administration, and if it is not taken too long there will be arrears and administrative costs remain in line. Many of the advantages of bitcoin so banks oppose and bitcoin is easy to pay for bad things happening. Bitcoin grows and is not controlled.

[stiffbud]

The reason why banks will always be against cryptocurrencies is that, since btc in its nature is a decentralized cryptocurrency and that they will not get anything from it when they allow all people to accept it.

Many banks dislike bitcoin because of its decentralised, which creates trouble for banks and affects their profit and progress. Many country ban bitcoin in their country because their nation banks are against of bitcoin. Bitcoin provide their its user an untraceable and uninterrupted money transaction facility. In order to complete an transaction through bitcoin their is no need to give full information of sender or receiver and because of this many people like to use it in comparison to bank. And bitcoin fast, secure transaction facility also attract many people use it. And Because of this national bank loose their profits.

[Nasonn]

I agree with you to an extent but the majority of banks that are currently kicking against bitcoin are those who haven't found a way to tap into the huge capital of cryptocurrency. Banks are only in when there is money to be made and as much as they find a way to do that they will be all in for it.

[ngano ba]

As of now maybe banks are againts the cryptocurrency technology, but as soon as time goes that the cryptocurrency will be worldwide recognized by every country ,state, nations then banks as finance business will really be joining and accept cryptocurrency in that time because bitcoin is a business and profits so the banks will adopt the crypto .

[Polkadott]

those who oppose the crypto currency are government not from the bank, actually with the technology owned by crypto will give changes in the banking system, we know the crypto currency transaction is currently free of corruption and the holder who controls the value of the crypto currency

[maskeffec]

No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

As long as the country where the Bank is located still prohibits Bitcoin, the Bank will actively reject crypto currencies. For banks, given the high volatility of crypto currencies, this will be too risky, they will not be involved in this.

[BitcoinGuruOne]

The trusth is that Banks do not need cryptos, they are just fine by making money with curent system.
Cryptos as alternative payment system is taking away bussines from them , they do not need it.

[jakezyrus]

if they are against cryptos then why most of the banks nowadays are now supporting crypto withdrawals and cash in? Hmmm??

Maybe not all banks because most banks are totally okay with crypto.

The trusth is that Banks do not need cryptos, they are just fine by making money with curent system.
Cryptos as alternative payment system is taking away bussines from them , they do not need it.

crypto doesnt take any business not even from banks . infact crypto helps the banks because crypto investors will always need a bank account to transfer and withdrew their crypto earnings .

Maybe some banks are threatend because they think all people will move their investments on cryptos , which isnt actually true because cryptos is also verry risky .

[cosmoo]

I think they will not. Because someday they will start accept cryptocurrency somehow And I think that it is the win-win situation!

[nazaididuan1]

No eternal enemies and friends! Only forever benefit!
When the cryptocurrency has an interest in the bank, the bank will support the cryptocurrency! A bank in Germany uses BTC for international transfers!
In the future, cryptocurrencies will help banks develop better!

[carlisle1]

No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

Lol look around the forum and you will find that banks now are adopting blockchain as their technology needs this action to go with the flow of cryptocurrency,so what you are saying is now accurate that banks will always against crypto,

We don’t need future because they are starting now accepting crypto and trust me this won't take long before we see banks action towards our currency